JOHANNESBURG, June 20 (Reuters) – South African government
bonds briefly extended gains on Wednesday, pushing yields lower,
after data showed May consumer inflation slowed more than
expected to 5.7 percent year-on-year.
The yield on the 14-year bond fell to 7.985
percent from 8.01 percent prior to release of the data at 0800
GMT. It came back to 8.005 percent by 0809 GMT.
(Reporting by Stella Mapenzauswa; Editing by Ed Cropley)
© Thomson Reuters 2012 All rights reserved
Article source: http://feeds.reuters.com/~r/reuters/AfricaSouthAfricaNews/~3/GT4qYC66CO4/idAFJ8E8FA02820120620
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